Austin is the sixth best city in the United States in which to launch a career, according to a Realtor.com article, Work Hard, Play Hard! The article was based on information from Realtor.com®’s data team that showed the “most affordable metros where entry-level workers can build long-term careers.”
The report considered data such as job and business growth, median salary of the top 25 percent of all earners, a “resident happiness” index, and housing affordability. It described Austin as being a hub for the pharmaceutical and biotech industries, while still embracing its Keep Austin Weird motto. It also cited the University of Texas as adding to an overall entrepreneurial spirit in the town. Of course, as always, also mentioned were Austin’s hundreds of music venues providing a diverse selection of live music, festivals like Austin City Limits and South by Southwest, and iconic local food staples like barbecue, food trucks, and so much more.
While Austin’s median home price of $396,500 feels steep for longtime locals, it’s more moderate and even less competitive than some of the other cities that might vie for those launching a career. Austin’s median salary of the top 25 percent of workers was also competitive at $61,710.
At the top of the list was Fort Collins, Colorado with a median home price of $391,400 and median salary of the top 25 percent of earners at $59,810. Charlotte, North Carolina was second, with a median home price of $334,300 and median salary of the top 25 percent of earners at $58,970. Madison, Wisconsin; Colorado Springs, Colorado; and Dallas, Texas rounded out the top five. Dallas had a median home price of $355,000 and median salary of the top 25 percent of earners at $63,110.